Jan. 8, 2015. Recently compiled end-of-year data shows that North Carolina new vehicle sales for 2014 reached their highest point in seven years – representing the fifth consecutive year of positive sales growth for the state.
Sales for 2014 exceeded the previous year’s sales by 3.07 percent. A total of 450,400 new vehicles were sold in North Carolina in 2014 alone, generating an approximate $13.4 billion to the North Carolina economy.
“North Carolina’s franchised new car, truck and RV dealerships continue to be a driving force in our state’s economy,” said George Anderson, Chairman of the North Carolina Automobile Dealers Association. “Many North Carolina dealerships are locally-owned family businesses, committed to the well-being of the communities in which they serve. As our industry continues to grow, the amount of revenue generated for our state grows with it, providing benefits to all who call North Carolina home.”
Additionally, since 2009, North Carolina’s new car and truck dealers have added 3,300 new jobs and now employ approximately 30,000 employees across North Carolina.
The North Carolina Automobile Dealers Association (NCADA) is a trade association representing North Carolina’s franchised automobile, truck and RV dealers. Formed in 1935, today’s NCADA actively represents nearly 600 new car, truck and RV dealers.